The Graveyard › Banks › 1984
Golden Spike State Bank
Tremonton, UT · failed December 4, 1984 · FDIC certificate 22999
Golden Spike State Bank of Tremonton, UT failed on December 4, 1984. It opened on December 3, 1979, 5 years before. At its last report before that it held $7.8 million in assets and $7.3 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $3.6 million on it.
1984-031984-09
Assets at the end$7.8 millionlast report before December 4, 1984
Deposits at the end$7.3 million
Estimated loss to the fund$3.6 millionFDIC
Equity to assets-0.3%September 30, 1984
Loans not being repaid27.0%noncurrent, September 30, 1984
Return on assets-9.40%a year's rate, September 30, 1984
Staff9full time, September 30, 1984
Also ended in 1984
- Continental Illinois National Bank & Trust · Chicago · $40.0 billion in assets · assisted
- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.